IDC's "Worldwide Artificial Intelligence and Generative AI Spending Guide" projects China's total AI investment to surpass $100 billion by 2028, boasting a compound annual growth rate (CAGR) of 35.2%.
According to IDC, global IT investment in AI is projected to reach $315.8 billion in 2024, escalating to $815.9 billion by 2028, exhibiting a CAGR of 32.9%. The generative AI market, specifically, is poised for explosive growth, expanding at a rate of 63.8% over the next five years, reaching a market size of $284.2 billion by 2028, representing 35% of the overall AI market investment.
In the Chinese market, IDC highlights China's continued leadership in the Asia-Pacific AI market, anticipating its spending to exceed 50% of the region's total. This underscores China's growing strategic importance in the AI sector. In 2025, the government work report, for the first time, dedicated a section to "AI +", emphasizing the integration of digital advantages with manufacturing capabilities to promote the application of large-model technologies across various sectors. The report also specifically mentioned key development areas such as intelligent connected new energy vehicles and AI terminal devices, further boosting the nationwide computing infrastructure.
Within the generative AI sphere, China's investment share is projected to increase from 18.9% in 2024 to 30.6% by 2028, exceeding $30 billion with a CAGR of 51.5%. Generative AI demonstrates significant application value across various industries, effectively accelerating automation and enhancing business efficiency. For instance, employees can leverage generative AI to quickly write reports and optimize tasks, while developers can streamline development processes and improve software quality.
IDC further points out that software and information services, communications, and banking are the top three sectors attracting the most AI investment, accounting for 49.8%, 7.4%, and 5.8% of the market in 2028, respectively. These industries utilize generative AI to optimize business processes and enhance competitiveness. Furthermore, intelligent infrastructure allocation emerges as the largest spending area in AI applications, comprising 40% of the overall AI market.
Key Highlights:💡 The global generative AI market is projected to reach $284.2 billion by 2028, accounting for 35% of the overall AI market.🚀 China's total AI investment is expected to exceed $100 billion by 2028, with a CAGR of 35.2%.🔧 The software and information services sector is the largest recipient of AI investment, projected to reach a 49.8% market share by 2028.
Key Highlights:
💡 The global generative AI market is projected to reach $284.2 billion by 2028, accounting for 35% of the overall AI market.
🚀 China's total AI investment is expected to exceed $100 billion by 2028, with a CAGR of 35.2%.
🔧 The software and information services sector is the largest recipient of AI investment, projected to reach a 49.8% market share by 2028.